QatarEnergy has entered into a long-term agreement to supply Idemitsu Kosan Co. Ltd with a total of up to six million tons of naphtha to be delivered to Japan over ten years starting in July 2024.

Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of QatarEnergy, said: “We are delighted to further strengthen almost 50-years of partnership with Idemitsu, the leading Japanese refining and petrochemicals company, with this landmark agreement, which will bring further benefits to both sides. I would like to thank the working teams from both Idemitsu and QatarEnergy for their hard work and dedication to conclude this important agreement.”

Idemitsu Kosan Co., Ltd., founded in 1911, is one of Japan’s largest energy and resource companies. With 64 offices in 20 countries and regions around the world, Idemitsu produces the energy, resources and materials that are vital to industry and modern lifestyles.

About QatarEnergy

As a fully integrated energy corporation, QatarEnergy covers the full spectrum of the oil and gas value chain – from exploration to production, from processing and refining to sales and delivery.
As stewards of Qatar's natural resources and the world's largest provider of LNG, our strength rests in our ready access to Qatar's unique reserves to provide energy that fuels social and economic prosperity.

About Idemitsu Group

The Idemitsu Group is engaged in the development, manufacture, and sales of a wide variety of energy sources and materials in the areas of Petroleum, Basic Chemicals, High-Performance Materials, Power/Renewable Energy, and Resources based on relationships of trust with partners and customers in a variety of fields. To achieve carbon neutrality and a circular society by 2050, we aim to develop the three business areas of "Energy One-Step Ahead," "Diverse Resource Conservation/Circulation Solutions," and "Smart Yorozuya" and continue to take on new challenges using our domestic and international networks.